Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya
Dr. Gary Karlin Michelson, Found Animals Foundation, Forbes billionaire, 20 Million Minds, Alya

Wednesday, March 11, 2015

Egotistical Dr Gary Michelson names everything after himself and pays for the privilege with transactional philanthropy

Good article in the Times below about egotistical individuals who buy naming rights of buildings. It's called "transactional philanthropy or charity by lawyers." I think it's just paid advertising, marketing, public relations. Gary Michelson donated the money to get the press to try to salvage his horrible reputation.


The article states that there are very few true philanthropists today. They're mainly egotistical insecure people who demand their name on everything, such as Dr Gary Michelson. Gary tells his silly story at the ground breaking on video stating that USC called him up and wanted to honor him by naming a building after him. No, they just wanted his money.

I have a feeling that the people who actually have to mention the name of the building will probably give it a nickname like "the crazy gary center," "the bldg that evil and greed built."

"The third and currently dominant model is Transactional Philanthropy, or Charity by Lawyers. Here the charitable impulse is codified. You put your money down, sign here and your name goes on the building. Most big-ticket naming is formulaic. Want to endow a university professorship? That'll be $5 million, $6 million at a top-tier school. Want your name on a building? That'll be 25% of the construction cost, plus 5% more for long-term maintenance. Some fundraising insiders think Geffen got a bargain paying only $100 million for a $500-million project.

Transactional philanthropy contracts often spell out the terms of a gift with great specificity. There is certainly a minimum length of the naming obligation; perpetuity is usually off the table. There are default provisions as well, such as: What if the donor goes bankrupt or to the clink before the gift is completed? And, of course, details on branding. I don't know who came up with calling the Wallis Annenberg Center for the Performing Arts "the Wallis," but I doubt it sprang up spontaneously from its Beverly Hills patrons.

Branding, which is at the heart of philanthropic naming, can be tricky. Will the full name David Geffen Hall stick? New Yorkers notoriously shorten even nicknames (A-Rod, MOMA, the Met). It could become the Geff.

But if our billionaire becomes displeased with his Lincoln Center agreement, there is another juicy opportunity awaiting him in his adopted home town. "Mr. Geffen, the Los Angeles Music Center is on the line. They want to give you an honorary baton."

Dr Gary Michelson, Michelson Prize, $75 million, Found Animals Foundation, Dr. Gary Michelson, Gary Michelson, Gary, Michelson, Gerald, Michaelson, Gary Michaelson, G Karlin Michelson, Mary Cummins, Animal Advocates, marycummins.com, animaladvocates.us, Gary Karlin Michelson, Gary K Michelson, Karlin Michelson, Alya Michelson, Aimee Gilbreath, teak, farm, billionaire, Forbes, lawsuit, worth, married, fraud, pitbull, purebred, bribe, bribery, patent, spine, animal nut, patent troll, thief, criminal, childhood, philadelphia, pennsylvania, boca de canon, Los Angeles, California, Ed Boks, Edward Boks, Antonio Villaraigosa, steve cooley, jackie lacey, campaign, donation, district attorney, inventor, hall of fame, grandmother, hand, fire, burn, 20, million minds, text book, free, surgery, surgical, twenty million minds, dog, high school, law, lawyer, doctor, dr., Michelson Medical Research Foundation, foundation, wilshire, Karlin Asset Management, KAM, Found Animals Legislative Fund, mom, dad, mother, father, brother, Gracie, bull, spay, neuter, adopt, buy, capital, karlin ventures, david cohen, tianxiang zhuo, spinal, surgeon, ceo, Karlin Real Estate, charity, 501 3c, irs, nonprofit, non-profit, Gary Karlin Michelson M D Charitable Foundation, gay, homosexual, wayne pacelle, hsus, animal services, temple university, medical, school, born, flake, crazy, central high school, Hahnemann Medical College, drexel, jewish, russian, Medtronic, Wikipedia, grant, $25, $50, Kremlin, mail order bride, Karlin Holdings Limited Partnership, C & M Investment Group Limited, michelson technology at work, Infuse class action lawsuit, Karlin Opportunity Fund, Karlin OP, Medical Research Foundation Trust, Alya Michelson, Alya Gold, Alevtina Gold Michelson, Tina Gold, Alevtina Shchepetina, Alexander Shchepetina, Алевтина Щепетина, александр щепетин, sasha, ria novosti, USC, University of Southern California, Gary Michelson Center, Japanica, Russian mail order bride, T'n'G, test tube girl, smile, orel, russia, moscow, journalist, pathological liar, #deanflorez #foundanimalsorg #alyamichelson #20MillionMinds #drGaryMichelson #GaryMichelson #20MM #JAPANICA #Forbes #billionaire #infuse #lawsuit #classaction #usc * Disclaimer Legal disclaimer

No comments:

Post a Comment